Bitcoins buy and sell record breaking in South Africa
It has
been difficult to adapt Bitcoin (BTC) in a country like South Africa, due to
its demographic conditions and to the third world continent in which it is
found. Blockchain and BTC technologies have progressed slowly in recent years;
however, this year there has been a significant growth, going beyond an
exuberant purchase and sale of bitcoins, but a modern public awareness of the
new digital payment method.
Luno, an
agency operating in the African country since 2013, has reported unprecedented
figures, which provide an impressive projection for the times of the future. Up
to 2,241,826 BTC were traded over a weekend, reaching a value of just over 9.7
million dollars.
This data
was made public through its official website, which did not offer specific
figures on the number of users that are active in its system; however,
confirmed an increase in crypto-active interest.
Luno's
Head of Marketing and Growth, Werner Van Rooyen, enunciated the following words
to the world: "We see an increase in interest downloads of mobile
applications, new customer inscriptions and trade - which relates to some
external events. The first is volatility - when the price goes up or down, more
people are buying and selling. That being said, when the price goes up, people
tend to go back to the idea of buying a small amount of bitcoin, something
they may have considered at some points in the past. "
According
to some specialists, this abysmal growth of Bitcoin has been due to the
confidence it gave to the whole world, since some gave it up when its prices
fell to 2,000 in July and suddenly rose to 4,000 in August.
Bitcoin
continues to break records in more places in the world, South Africa, India,
China, Australia, Russia, Canada, the Netherlands and more, are some of the
countries that have registered a giant development in this criptocoin.
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want to know a little more about all the news and updates that occur in the
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